MORGAN STANLEY (1MS.MI) Stock Fundamental Analysis
BIT:1MS - Euronext Milan - US6174464486 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to 1MS. 1MS was compared to 102 industry peers in the Capital Markets industry. 1MS has a medium profitability rating, but doesn't score so well on its financial health evaluation. 1MS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
1MS had positive earnings in the past year.
1MS had a positive operating cash flow in the past year.
1MS had positive earnings in each of the past 5 years.
In multiple years 1MS reported negative operating cash flow during the last 5 years.
1.2 Ratios
1MS has a Return On Assets (1.05%) which is in line with its industry peers.
1MS has a Return On Equity of 12.25%. This is in the better half of the industry: 1MS outperforms 73.33% of its industry peers.
1MS has a Return On Invested Capital (1.34%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for 1MS is significantly below the industry average of 8.29%.
The 3 year average ROIC (1.17%) for 1MS is below the current ROIC(1.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.05% | ||
| ROE | 12.25% | ||
| ROIC | 1.34% |
ROA(3y)0.89%
ROA(5y)0.97%
ROE(3y)10.46%
ROE(5y)11.1%
ROIC(3y)1.17%
ROIC(5y)1.28%
1.3 Margins
1MS's Profit Margin of 11.93% is fine compared to the rest of the industry. 1MS outperforms 60.95% of its industry peers.
In the last couple of years the Profit Margin of 1MS has declined.
Looking at the Operating Margin, with a value of 16.40%, 1MS is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
In the last couple of years the Operating Margin of 1MS has declined.
Looking at the Gross Margin, with a value of 53.71%, 1MS is in the better half of the industry, outperforming 72.38% of the companies in the same industry.
In the last couple of years the Gross Margin of 1MS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.4% | ||
| PM (TTM) | 11.93% | ||
| GM | 53.71% |
OM growth 3Y-20.12%
OM growth 5Y-4.82%
PM growth 3Y-20.6%
PM growth 5Y-5.48%
GM growth 3Y-16.51%
GM growth 5Y-5.78%
2. Health
2.1 Basic Checks
The number of shares outstanding for 1MS has been reduced compared to 1 year ago.
Compared to 5 years ago, 1MS has more shares outstanding
The debt/assets ratio for 1MS is higher compared to a year ago.
2.2 Solvency
1MS has an Altman-Z score of -0.08. This is a bad value and indicates that 1MS is not financially healthy and even has some risk of bankruptcy.
1MS has a Altman-Z score (-0.08) which is in line with its industry peers.
1MS has a Debt/Equity ratio of 6.99. This is a high value indicating a heavy dependency on external financing.
1MS has a Debt to Equity ratio of 6.99. This is comparable to the rest of the industry: 1MS outperforms 40.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.99 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.08 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
1MS has a Current Ratio of 0.30. This is a bad value and indicates that 1MS is not financially healthy enough and could expect problems in meeting its short term obligations.
1MS has a Current ratio (0.30) which is comparable to the rest of the industry.
A Quick Ratio of 0.30 indicates that 1MS may have some problems paying its short term obligations.
1MS has a Quick ratio of 0.30. This is comparable to the rest of the industry: 1MS outperforms 47.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 49.53% over the past year.
Measured over the past years, 1MS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.88% on average per year.
Looking at the last year, 1MS shows a quite strong growth in Revenue. The Revenue has grown by 11.53% in the last year.
The Revenue has been growing by 14.79% on average over the past years. This is quite good.
EPS 1Y (TTM)49.53%
EPS 3Y-0.38%
EPS 5Y8.88%
EPS Q2Q%124.24%
Revenue 1Y (TTM)11.53%
Revenue growth 3Y20.63%
Revenue growth 5Y14.79%
Sales Q2Q%25.8%
3.2 Future
Based on estimates for the next years, 1MS will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.85% on average per year.
The Revenue is expected to grow by 6.42% on average over the next years.
EPS Next Y11.91%
EPS Next 2Y11.01%
EPS Next 3Y10.24%
EPS Next 5Y10.85%
Revenue Next Year10%
Revenue Next 2Y7.88%
Revenue Next 3Y6.42%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.46, 1MS is valued correctly.
69.52% of the companies in the same industry are more expensive than 1MS, based on the Price/Earnings ratio.
1MS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 29.35.
A Price/Forward Earnings ratio of 13.81 indicates a correct valuation of 1MS.
72.38% of the companies in the same industry are more expensive than 1MS, based on the Price/Forward Earnings ratio.
1MS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.46 | ||
| Fwd PE | 13.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1MS is valued a bit cheaper than 78.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.71 |
4.3 Compensation for Growth
1MS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.3
PEG (5Y)1.74
EPS Next 2Y11.01%
EPS Next 3Y10.24%
5. Dividend
5.1 Amount
1MS has a Yearly Dividend Yield of 3.10%.
1MS's Dividend Yield is a higher than the industry average which is at 6.34.
Compared to an average S&P500 Dividend Yield of 2.33, 1MS pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.1% |
5.2 History
The dividend of 1MS is nicely growing with an annual growth rate of 18.94%!
Dividend Growth(5Y)18.94%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1MS pays out 47.95% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of 1MS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP47.95%
EPS Next 2Y11.01%
EPS Next 3Y10.24%
BIT:1MS (3/5/2025, 7:00:00 PM)
113.02
-0.52 (-0.46%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners62.19%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap182.29B
Analysts72.9
Price Target134.99 (19.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.1% |
Yearly Dividend3.5
Dividend Growth(5Y)18.94%
DP47.95%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.16%
Min EPS beat(2)15.26%
Max EPS beat(2)27.07%
EPS beat(4)4
Avg EPS beat(4)16.98%
Min EPS beat(4)7.49%
Max EPS beat(4)27.07%
EPS beat(8)7
Avg EPS beat(8)9.28%
EPS beat(12)9
Avg EPS beat(12)6.46%
EPS beat(16)13
Avg EPS beat(16)7.97%
Revenue beat(2)2
Avg Revenue beat(2)4.23%
Min Revenue beat(2)3.68%
Max Revenue beat(2)4.78%
Revenue beat(4)4
Avg Revenue beat(4)3.09%
Min Revenue beat(4)1.95%
Max Revenue beat(4)4.78%
Revenue beat(8)7
Avg Revenue beat(8)28.27%
Revenue beat(12)11
Avg Revenue beat(12)25.5%
Revenue beat(16)14
Avg Revenue beat(16)20.32%
PT rev (1m)3.46%
PT rev (3m)15.14%
EPS NQ rev (1m)-0.03%
EPS NQ rev (3m)7.59%
EPS NY rev (1m)-0.99%
EPS NY rev (3m)9.56%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)5.31%
Revenue NY rev (1m)1.48%
Revenue NY rev (3m)5.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.46 | ||
| Fwd PE | 13.81 | ||
| P/S | 1.84 | ||
| P/FCF | N/A | ||
| P/OCF | 145.31 | ||
| P/B | 1.89 | ||
| P/tB | 2.43 | ||
| EV/EBITDA | 17.71 |
EPS(TTM)7.31
EY6.47%
EPS(NY)8.18
Fwd EY7.24%
FCF(TTM)-1.2
FCFYN/A
OCF(TTM)0.78
OCFY0.69%
SpS61.27
BVpS59.68
TBVpS46.46
PEG (NY)1.3
PEG (5Y)1.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.05% | ||
| ROE | 12.25% | ||
| ROCE | 3.05% | ||
| ROIC | 1.34% | ||
| ROICexc | 1.5% | ||
| ROICexgc | 1.58% | ||
| OM | 16.4% | ||
| PM (TTM) | 11.93% | ||
| GM | 53.71% | ||
| FCFM | N/A |
ROA(3y)0.89%
ROA(5y)0.97%
ROE(3y)10.46%
ROE(5y)11.1%
ROIC(3y)1.17%
ROIC(5y)1.28%
ROICexc(3y)1.31%
ROICexc(5y)1.45%
ROICexgc(3y)1.39%
ROICexgc(5y)1.52%
ROCE(3y)2.71%
ROCE(5y)2.94%
ROICexcg growth 3Y-6.85%
ROICexcg growth 5Y1.53%
ROICexc growth 3Y-6.8%
ROICexc growth 5Y1.26%
OM growth 3Y-20.12%
OM growth 5Y-4.82%
PM growth 3Y-20.6%
PM growth 5Y-5.48%
GM growth 3Y-16.51%
GM growth 5Y-5.78%
F-Score7
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.99 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 32.08 | ||
| Cap/Depr | 67.08% | ||
| Cap/Sales | 3.23% | ||
| Interest Coverage | 0.38 | ||
| Cash Conversion | 5.98% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.3 | ||
| Altman-Z | -0.08 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)74.75%
Cap/Depr(5y)63.46%
Cap/Sales(3y)3.81%
Cap/Sales(5y)3.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)49.53%
EPS 3Y-0.38%
EPS 5Y8.88%
EPS Q2Q%124.24%
EPS Next Y11.91%
EPS Next 2Y11.01%
EPS Next 3Y10.24%
EPS Next 5Y10.85%
Revenue 1Y (TTM)11.53%
Revenue growth 3Y20.63%
Revenue growth 5Y14.79%
Sales Q2Q%25.8%
Revenue Next Year10%
Revenue Next 2Y7.88%
Revenue Next 3Y6.42%
Revenue Next 5YN/A
EBIT growth 1Y41.98%
EBIT growth 3Y-3.64%
EBIT growth 5Y9.26%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y94.32%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y104.06%
OCF growth 3Y-65.77%
OCF growth 5Y-49.33%